Commercial

Key Features

SOLD BY AUCTION

SOLD FOR £325,000

Property Description

SOLD AT AUCTION FOR £325,000 - A freehold, fully let, mixed use building comprising ground floor retail shop and 3 self-contained flats being sold subject to existing single long term lease, currently generating £14,000 per annum equivalent.

AUCTION DATE: To be sold by public auction on Wednesday 26th July 2017 at 1:30pm at Green Park Conference Centre, 100 Longwater Avenue, Green Park, Reading, Berkshire, RG2 6GP

TO VIEW: Please call 01344 753 120.

LOCATION: * Situated in North Camp centre * Good access to Farnborough town centre, airport and amenities * Mainline rail service to London Waterloo * Access to M3 at junctions 4 & 4a

65b LYNCHFORD ROAD: Ground floor flat. The auctioneers have been unable to access 65b but have been informed by the sellers and the Lessees the accommodation comprises, bedroom, living room, WC, bathroom, kitchen

TENANCY: The whole lot is let on a single lease for the term of 20 years from 29/09/2013 at £14,000 per annum rent. The tenant repairs but the landlord ensures. Please see Legal Pack

LOCAL AUTHORITY: Rushmoor Borough Council - 01252 398 399

LEGAL PACK: For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive this information, a link to the Legal Pack will be available on our website www.romans.co.uk from Friday 7th July.

GUIDE PRICES: Where a guide price is given, that guide is the minimum price at which the seller might be prepared to sell on the date on which the guide price is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide prices are displayed on our website. The latest published guide will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. The guide price will be published online immediately it becomes available at: www.romans.co.uk/auctions. Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Lynchford Road, Farnborough, GU14 6EJ,
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